PGEO Strengthens Strategic Collaboration for Geothermal Energy Development in Indonesia

Jakarta, 24 September 2024 – PT Pertamina Geothermal Energy Tbk (PGEO) is increasingly strengthening its commitment to developing geothermal energy in Indonesia by establishing various strategic collaborations with partners and stakeholders. This step was taken to answer global challenges related to the need for clean and environmentally friendly energy.

PGEO President Director, Julfi Hadi, stated that synergy with stakeholders and the application of technological innovation is the key to the success of geothermal energy development in Indonesia. "As the main driver in the geothermal sector, PGEO is committed to continuing to collaborate with various parties to maximize Indonesia's geothermal potential," said Julfi Hadi in a statement on Monday (23/9).

One form of this collaboration is with State Electricity Company (PLN), where PGEO will increase the capacity of a number of Geothermal Power Plants (PLTP) through cogeneration technology. In the initial stage, a capacity increase of 45 MW will be carried out at the Lahendong Binary Unit PLTP (15 MW) and the Ulubelu Binary Unit PLTP (30 MW) with an investment of USD 165 million. This technology has the potential to increase capacity up to 230 MW in the future.

Apart from that, PGEO is also expanding its international reach through collaboration with the Geothermal Development Company (GDC) from Kenya. Both are exploring the development of the Suswa Geothermal Field which has the potential to produce a capacity of 100 MW.

PGEO also signed various cooperation agreements to build a manufacturing, service and technology ecosystem in the geothermal industry. This includes development of main components, maintenance services, engineering, construction and PLTP operations. One of the agreements signed was the Joint Development Agreement (JDA) with PT Elnusa Tbk and Multifab for the development and manufacturing of heat exchanger components. Apart from that, there is also a JDA with PT Pertamina Maintenance and Construction for Operation & Maintenance services, as well as with PT PGN Solution for engineering, procurement, construction and commissioning (EPCC) services.

In the technology sector, PGEO signed a Flow2Max technology licensing agreement with PT Sigma Cipta Utama which enables real-time monitoring of geothermal well performance, thereby increasing reservoir management efficiency. PGEO also collaborates with Star Energy Geothermal to strengthen laboratory services.

Apart from that, PGEO is collaborating with PT Aimtopindo Nuansa Kimia in developing H2S Abatement technology, which is used to manage Non-Condensable Gases (NCG) gas emissions at PLTP as well as CO2 Liquefaction.

"These various initiatives strengthen PGEO's role in creating positive impacts throughout the geothermal ecosystem, beyond just electricity production," concluded Julfi Hadi.

With these various strategic steps, PGEO has further strengthened its position as a key player in the development of geothermal energy, which contributes to achieving clean and sustainable energy targets in Indonesia.